. There is a possibility of temporary retracement to suggested support line (146.85). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. Ethereum / US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The is at 65.
. The downtrend #1 is broken, so the probability of beginning of uptrend is increased.
TP1= @ 163.30
TP2= @ 191.75
TP3= @ 223.20
SL= Break below S2